GVT DAKSYSTEMEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GVT DAKSYSTEMEN
Largest movements
- Tangible fixed assets -€55,516
down €55,516 (-60.0%), from €92,553 to €37,037
of which Leasing and similar rights: -€52,725
- Receivables within one year -€7,217
down €7,217 (-11.5%), from €62,871 to €55,654
of which Trade receivables: -€38,017
- Receivables after one year -€7,050
no longer reported in 2025 (was €7,050)
- Cash -€3,056
no longer reported in 2025 (was €3,056)
mainly Debts after one year (-€42,793) and Trade debts (-€18,077)
- Debts after one year -€42,793
down €42,793 (-68.8%), from €62,238 to €19,445
- Trade debts -€18,077
down €18,077 (-60.2%), from €30,038 to €11,960
- Current portion of long-term debt -€11,204
down €11,204 (-41.2%), from €27,211 to €16,008
- Profit (loss) carried forward -€2,090
down €2,090 (-8.5%), from €24,504 to €22,413
- Gross operating margin -€33,114
down €33,114 (-48.4%), from €68,477 to €35,363
- Depreciation -€10,310
down €10,310 (-33.0%), from €31,253 to €20,943
- Taxes -€6,205
down €6,205 (-93.7%), from €6,625 to €420
- Financial charges -€1,187
down €1,187 (-22.5%), from €5,289 to €4,102
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,228 | €97,199 | -€73,028 | -42.9% |
| Fixed assets | 21/28 | €94,512 | €38,996 | -€55,516 | -58.7% |
| Tangible fixed assets | 22/27 | €92,553 | €37,037 | -€55,516 | -60.0% |
| Furniture and vehicles | 24 | €6,074 | €3,283 | -€2,791 | -45.9% |
| Leasing and similar rights | 25 | €86,479 | €33,754 | -€52,725 | -61.0% |
| Financial fixed assets | 28 | €1,959 | €1,959 | = | 0.0% |
| Current assets | 29/58 | €75,716 | €58,204 | -€17,513 | -23.1% |
| Amounts receivable after more than one year | 29 | €7,050 | - | -€7,050 | |
| Other amounts receivable | 291 | €7,050 | - | -€7,050 | |
| Amounts receivable within one year | 40/41 | €62,871 | €55,654 | -€7,217 | -11.5% |
| Trade receivables | 40 | €52,897 | €14,880 | -€38,017 | -71.9% |
| Other amounts receivable | 41 | €9,974 | €40,773 | +€30,800 | +309% |
| Cash at bank and in hand | 54/58 | €3,056 | - | -€3,056 | |
| Deferred charges and accrued income | 490/1 | €2,739 | €2,550 | -€189 | -6.9% |
| Total equity and liabilities | 10/49 | €170,228 | €97,199 | -€73,028 | -42.9% |
| Equity | 10/15 | €44,964 | €42,873 | -€2,090 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,504 | €22,413 | -€2,090 | -8.5% |
| Amounts payable | 17/49 | €125,264 | €54,326 | -€70,938 | -56.6% |
| Amounts payable after more than one year | 17 | €62,238 | €19,445 | -€42,793 | -68.8% |
| Financial debts | 170/4 | €62,238 | €19,445 | -€42,793 | -68.8% |
| Amounts payable within one year | 42/48 | €62,926 | €34,881 | -€28,045 | -44.6% |
| Current portion of amounts payable after more than one year | 42 | €27,211 | €16,008 | -€11,204 | -41.2% |
| Financial debts | 43 | - | €178 | +€178 | |
| Credit institutions | 430/8 | - | €178 | +€178 | |
| Trade debts | 44 | €30,038 | €11,960 | -€18,077 | -60.2% |
| Suppliers | 440/4 | €30,038 | €11,960 | -€18,077 | -60.2% |
| Taxes, remuneration and social security | 45 | €5,280 | €5,023 | -€256 | -4.9% |
| Taxes | 450/3 | €5,280 | €5,023 | -€256 | -4.9% |
| Other amounts payable | 47/48 | €397 | €1,711 | +€1,314 | +331% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,253 | €20,943 | -€10,310 | -33.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €311 | +€311 | |
| Other operating charges | 640/8 | €805 | €920 | +€114 | +14.2% |
| Non-recurring operating charges | 66A | - | €10,758 | +€10,758 | |
| Gross operating margin | 9900 | €68,477 | €35,363 | -€33,114 | -48.4% |
| Operating profit (loss) | 9901 | €36,419 | €2,431 | -€33,987 | -93.3% |
| Financial charges | 65/66B | €5,289 | €4,102 | -€1,187 | -22.5% |
| Recurring financial charges | 65 | €5,289 | €4,102 | -€1,187 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €31,130 | -€1,670 | -€32,800 | |
| Income taxes | 67/77 | €6,625 | €420 | -€6,205 | -93.7% |
| Profit (loss) for the period | 9904 | €24,505 | -€2,090 | -€26,595 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,505 | -€2,090 | -€26,595 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.